Dearborn Partners LLC Acquires 418 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Dearborn Partners LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 1.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 23,470 shares of the company’s stock after acquiring an additional 418 shares during the period. Dearborn Partners LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,966,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bull Oak Capital LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $27,000. Sound Income Strategies LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares during the period. Pineridge Advisors LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 57.3% in the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares in the last quarter. American National Bank lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the second quarter. American National Bank now owns 471 shares of the company’s stock valued at $38,000 after buying an additional 195 shares during the period. Finally, Lynx Investment Advisory bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $42,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

Shares of VCIT stock opened at $80.82 on Friday. The firm has a 50 day moving average of $82.65 and a 200-day moving average of $81.37. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $76.66 and a 52 week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.80 annualized dividend and a yield of 4.70%. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

Vanguard Intermediate-Term Corporate Bond ETF Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.